More than 175 mln/t of oil produced from “Oil Rocks” so far

More than 175 mln/t of oil produced from “Oil Rocks” so far
# 04 November 2019 11:43 (UTC +04:00)

185.710 thousand tones of oil have been produced from the “Oil Rocks” and “Palchiq Pilpilasi” oil fields so far ( up to 01.10.2019 date), a source operating in the oil and gas market of Azerbaijan told APA-Economics.

According to the source, 175,611 thousand tones of oil produced from the “Oil Rocks” field and 10,099 thousand tones produced from the “Palchiq Pilpile” field.

Note that, both fields are on the balance of SOCAR's “Oil Rocks” Oil and Gas Extraction Department.

Recoverable oil reserves are 23.577 thousand tones per mentioned fields.

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THE OPERATION IS BEING PERFORMED